MONTNETS TECHNOLOGY(SZ:002123) Shang Hai Zheng Quan Bao·2025-12-04 20:01Summary of Key Points Core Viewpoint - The company has announced a guarantee agreement to support its wholly-owned subsidiary, Shenzhen Dream Network Technology Co., Ltd., with a maximum credit limit of up to 200 million RMB from Industrial Bank Co., Ltd. [3][4] Group 1: Guarantee Overview - The company approved a total guarantee limit of up to 250 million RMB for its subsidiaries, with a specific limit of 5 million RMB for subsidiaries with a debt-to-asset ratio exceeding 70% [2][12] - The guarantee is valid for one year from the date of approval by the shareholders' meeting [2] Group 2: Guarantee Agreement Details - The guarantee agreement involves Shenzhen Dream Network Technology Co., Ltd. as the debtor, with the company and its subsidiary, IoT World Technology Co., Ltd., acting as guarantors [3][4] - The guarantee covers all debts arising from various financial services provided by the bank, including principal, interest, penalties, and related costs [4][5] Group 3: Financial Data and Status - As of the announcement date, the total amount of guarantees provided by the company to its subsidiaries is approximately 1.83 billion RMB, which is 107% of the company's latest audited net assets [12] - The company has no overdue guarantees or guarantees involving litigation [12]